This is Beirut 02/05 18:00 - Reading : 1 minute(s)
Wall Street stocks rose early Friday, digesting a better than expected US jobs report as Apple shares fell on a hit due to President Donald Trump's tariffs. The world's largest economy added 177,000 jobs last month, down slightly from the level in March but above analyst expectations. “The key takeaway from the report is that the ...
This is Beirut 02/05 17:15 - Reading : less than a minute
The Minister of Trade and Economy, Amer Bisat, held talks with representatives of the Food and Agriculture Organization (FAO) and the World Food Program (WFP), in the presence of the Director General of Cereals and Sugar Beet and the Director of Grain Silos. Discussions focused on the development of a national food security strategy and the ...
This is Beirut 02/05 16:50 - Reading : 1 minute(s)
Telecommunications Minister Charles Hage held an extended meeting on Friday with the newly elected board of the mobile telecom employees’ union, in the presence of the management teams from both Alfa and Touch. The meeting addressed employee rights, sector reform, and the need for a model based on merit and productivity. In his remarks, the ...
This is Beirut 02/05 16:40 - Reading : 1 minute(s)
In light of the ongoing challenges facing Lebanon’s energy sector, a Lebanese ministerial delegation will travel to Baghdad to strengthen cooperation with Iraq. Finance Minister Yassine Jaber and Energy Minister Joe Saddi will be in Baghdad on Monday to revive discussions with Iraqi authorities regarding the supply of fuel to Lebanon’s ...
Christiane Tager 01/05 20:50 - Reading : 5 minute(s)
As Lebanon gears up for the 2025 summer tourist season, it looks forward to sunny days but remains wary of potential challenges. With the return of expatriates, regional tensions, Israeli ceasefire violations and an economy seeking stability, the Lebanese tourism sector finds itself navigating turbulent waters. Yet, as the saying goes, “After ...
This Is Beirut 01/05 17:20 - Reading : 1 minute(s)
Kuwait United Arab Emirates Morocco lebanon
Lebanon now ranks among the Arab countries with the highest commercial electricity tariffs, according to recent data from the Global Petrol Prices (GPP) website, underscoring the toll of the country’s prolonged energy crisis on its struggling business sector. With a commercial electricity rate of $0.247 per kilowatt-hour (kWh) in 2025, Lebanon ...
This is Beirut 01/05 16:35 - Reading : 2 minute(s)
Donald Trump United Nations USA Afghanistan women
Restrictions on women and girls imposed since the Taliban authorities took power are projected to cost Afghanistan almost six percent of its GDP over two years, the UN development agency country director said on Thursday. Taliban authorities have squeezed women out of education, jobs and public life since 2021, creating what the United Nations ...
This is Beirut 01/05 15:55 - Reading : less than a minute
Syria signed a 30-year contract with French shipping giant CMA CGM to develop and run the port of Latakia, the port's director and a company official said on Thursday. Joseph Dakak, CMA CGM's regional director, told AFP at the signing ceremony the company was «pleased today to announce the signing of an investment and management contract for the ...
This is Beirut 01/05 15:05 - Reading : 1 minute(s)
Donald Trump United States USA GM Tariffs
General Motors on Thursday lowered its 2025 earnings outlook and said it expects a $4-5 billion hit from US President Donald Trump's tariffs, despite moves this week to dampen the blow. On Tuesday, Trump signed an executive order to limit the impact of multiple overlapping tariffs on automakers. He also released a proclamation that gives the ...
This is Beirut 30/04 18:55 - Reading : 2 minute(s)
Lebanon Parliament Banking sector Bill
The Parliamentary Finance and Budget Committee, chaired by MP Ibrahim Kanaan, held a session on Wednesday to begin reviewing the draft law on the reform of the banking sector, recently approved by the government. The meeting was attended by nearly 50 lawmakers, Minister of Finance Yassine Jaber and representatives from the banking ...
This is Beirut 30/04 08:20 - Reading : 2 minute(s)
International Monetary Fund Lebanon Growth GDP-Lebanon
Sharp GDP Contraction Lebanon is now in its sixth consecutive year of economic crisis, with key indicators remaining at their lowest levels, according to the World Economic Outlook (WEO) report published in April 2025 by the International Monetary Fund (IMF). GDP contraction continues, and despite a slight easing of inflation and the current ...
Christiane Tager 29/04 21:40 - Reading : 3 minute(s)
Lebanon Syria Saudi Arabia Qatar Beirut
As the Lebanese endure rolling blackouts, relentless crises and a daily reality that often borders on the absurd, a piece of unexpected news has prompted a collective raised eyebrow – or two: Syria might well be rebuilt before Lebanon. Yes, you read that correctly. On Sunday, April 27, in a move as symbolic as it was strategic, Saudi Arabia ...